$10,000 Closing Credit*
$1,000,000
1,588 SqFt
3 Beds
•2 Full Baths, 1 Partial
Leslie Dougherty, Listing Office: Central Coast Sotheby’s International Realty
Is 93428, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 93428 was a Seller's Market.
Key Takeaway
93428 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 93428, CA
How much do homes in 93428, CA cost?
Median Sold Price
$1,010,000
$631/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$80,000(+8.6%)
Key Takeaway
Homes in 93428 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 93428 was $1,010,000 in November 2024, up 8.6% from last year, and the median price per square foot was $631.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $631K | $614K | -2.7% |
| 2 Bedrooms | $760K | $808.5K | +6.4% |
| 3 Bedrooms | $1.1M | $1.0M | -9.8% |
| 4 Bedrooms | $1.6M | $1.5M | -3.1% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: 93428 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Housing Supply in 93428, CA
How many homes are available in 93428, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 55 | -15.4% |
Summary: The 93428 real estate market had 55 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 33 | 26 | -21.2% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 93428 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 93428, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 93428 in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for 93428, CA
How long does it take to sell a home in 93428, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 50 Days | -5.3% |
Summary: Homes in 93428 had an average of 50 days on market in Nov 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 93428 has remained consistent over time.
Summary: During November 2024, 9 homes were sold in 93428; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.